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Many people ask about DOGE Dogecoin

Many brothers have been trapped at positions above 0.4,

this position was also where many bloggers shouted to buy the dip for DOGE in the last wave, and now the general loss is over 25% to 30%.

Now many people are asking, what to do? Is there still a chance?

First of all, we need to understand why the last wave rose? What caused DOGE to rise?
The last wave of DOGE's rise had three factors,
The first factor is the overall upward trend in early November, the boost from the larger environment.
The second factor is Musk's endorsements, along with the efficiency department he founded, abbreviated as D.O.G.E, which drove the rise.
The third factor is cyclical; every year there are several waves of Dogecoin seasons and meme seasons, the last wave was still in March, with sector rotation.
Among these, I believe the first and second points are the most important and necessary conditions.

What is the current situation?
The overall environment is experiencing a downward shock, Bitcoin is declining, altcoins are also declining, the first condition is not met.
Recently, due to the hype, Musk has already made his endorsements, and the market has opportunities for vertical increases, but now many people have just gotten trapped and haven't cut losses; we are currently in the phase of digesting the bubble, and Musk is unlikely to endorse again in the short term. The second condition is also not very applicable.
The third cyclical downward trend; is there any sector rotation? Is the rotation down?

Therefore, my personal view is that it is not very realistic for Dogecoin to return above 0.4 in the short term, as a market rebound is very possible, but it is a bit difficult to help you get out of your losses all at once. My personal suggestion is to switch positions. Switch to other leading coins in different sectors, to coins that are at the bottom with less increase. Switch to coins with star effects, in the same sector, that are the focus of the big players.

#2025比特币价格预测 #本周微策略是否继续增持BTC？ #